West Red Lake Gold Reports Mid-Q4 Madsen Mine Update
November 18, 2025
Vancouver, BC
West Red Lake Gold Reports Mid-Q4 Madsen Mine
Update
West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”)
(TSXV: WRLG) (OTCQB: WRLGF) is pleased to provide a mid-fourth quarter (“Q4”) update on
ramp-up activities at the Madsen Mine located in the Red Lake Gold District of Northwestern
Ontario, Canada.
In the first half of Q4 the Madsen Mine made steady progress towards full scale operations.
Importantly, in October mined ore production increased 24% compared to the month prior.
Rolling stock deliveries are now almost complete and the maintenance shop has been
delivered. Site management has also been notably strengthened.
“We have worked diligently through the stages and challenges of mine ramp up, always
focused on getting the Madsen Mine into full scale operations early in 2026, and we are
now in sight of that goal, ” said Shane Williams, President and CEO. “Seeing ore production
increase 24% in October month-over-month after initiating the underground waste rock
storage program reinforced the impact of final site projects in advancing towards
commercial production. The team is motivated to get the shaft operational and take receipt
of the final haul truck to complete this list. And I am very pleased to have attracted strong
candidates to key site leadership positions over the last few months.”
“The complexity of mining means it takes strong, experienced leadership to perform in the
moment while simultaneously setting up to maximize medium and long-term
opportunities, ” said Hayley Halsall-Whitney, Vice President Operations. “As the Madsen
Mine moved successfully through bulk sample and into ramp up, we were able to attract
individuals with deep and pertinent experience into key roles and I am excited to see what
this leadership team will accomplish at Madsen. ”
Mined Tonnes
Ore production is a primary focus in ramping up the Madsen Mine, as is often the case with
high-grade underground mines. In mid-September the operation was able to start storing
waste rock from mine development underground. Eliminating the need to transport waste
rock to surface freed up significant trucking capacity that was then available to move ore.
Multiple factors play into a mine’s ore production. Enhanced ore trucking capacity was a
primary reason the Madsen Mine produced 24% more daily average ore in October
compared to September. This increase has the mine’s daily tonnage tracking nicely
towards commercial production levels early in Q1.
Rolling Stock Deliveries and Maintenance
The Madsen Mine took delivery of three 4-yard scoops during the first half of Q4. The final
42-tonne haul truck is expected in the coming weeks.
The components for the construction of a maintenance shop arrived on site this week.
Once installed, this shop will enhance the mine’s ability to maintain its mobile fleet. High
equipment availability is vital for an efficient mine.
Site Management
In the second quarter, the Madsen Mine welcomed Sean McCormack as Mine General
Manager. Mr. McCormack joined from Wesdome Mines where he had been General
Manager of the Kiena Mine for five years. Prior to that he was Mine General Manager of the
Holt Complex for Kirkland Lake Gold, managing three operating mines feeding one central
mill. His extensive experience is evident in his site leadership.
Over the last two months, Mr. McCormack welcomed several strong new members to the
site management team in the roles of Chief Engineer, Mill Manager, and Senior Operations
Manager.
Bright Asamoah joined as Chief Engineer. Mr. Asamoah spent the last 13 years with
Newmont Gold, where he led the shift at the Ahafo mine in Ghana from Long Hole Stoping
to Sub Level Shrinkage, a transformation that doubled production at that mine.
Subsequently, Mr. Asamoah moved to the Porcupine Mine as Senior Mine Engineer and
then to the Hoyle Pond and Borden mines where he was Senior Underground Engineer.
James Armstrong joined as Mill Manager. Armstrong’s previous two roles were also mill
manager positions, primarily at the Middle Tennessee Mines for Nyrstar where he worked
up from Senior Metallurgist to Processing Manager to Production Manager before
becoming Mill Manager. Mr. Armstrong has 30 years of experience.
William Curry joined as Senior Operations Manager. Mr. Curry most recently came from
Talisker Resources’ Bralorne Mine where he was Mine General Manager, charged with full
site management of that mine. Previous to that he was a Vice President with Sinomine
Resources at the Tanco mine in Manitoba and Project Superintendent at the Macassa Mine
in Ontario. Mr. Curry is a mining engineer with 28 years of underground mining experience.
The technical information presented in this news release has been reviewed and approved
by Will Robinson, P .Geo., Vice President of Exploration for West Red Lake Gold and the
Qualified Person for exploration at the West Red Lake Project, and by Hayley Halsall-Whitney,
P .Eng., Vice President of Operations for West Red Lake Gold and the Qualified Person for
technical services at the West Red Lake Project, as defined by National Instrument 43-101 -
Standards of Disclosure for Mineral Projects.
ABOUT WEST RED LAKE GOLD MINES
West Red Lake Gold Mines Ltd. is a gold mining company that is publicly traded and focused
on its flagship high-grade Madsen Gold Mine and the associated 47 km 2 highly prospective
land package in the Red Lake district of Ontario. The highly productive Red Lake Gold District
of Northwest Ontario, Canada has yielded over 30 million ounces of gold from high -grade
zones and hosts some of the world's richest gold depo sits. WRLG also owns the Rowan
Property in Red Lake, which hosts a small, high -grade deposit tha t West Red Lake Gold is
looking to advance towards production.
ON BEHALF OF WEST RED LAKE GOLD MINES LTD.
“Shane Williams”
Shane Williams
President & Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gwen Preston
Vice President Communications
Tel: (604) 609-6132
Email: [email protected] or visit the Company’s website
at https://www.westredlakegold.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.
CAUTIONARY STATEMENT AND FORWARD-LOOKING INFORMATION
Certain statements contained in this news release may constitute “forward -looking
information” within the meaning of applicable securities laws. Forward-looking information
generally can be identified by words such as “anticipate” , “expect” , “estimate” , “forecast” ,
“planned” , and similar expressions suggesting future outcomes or events. Forward-looking
information is based on current expectations of management; however, it is subject to known
and unknown risks, uncertainties and other factors that may cause actual results to differ
materially from the forward-looking information in this news release.
Forward-looking information involves numerous risks and uncertainties and actual results
might differ materially from results suggested in any forward-looking information. These risks
and uncertainties include, among other things, market volatility; the st ate of the financial
markets for the Company’s securities; fluctuations in commodity prices; and changes in the
Company’s business plans. Forward -looking information is based on a number of key
expectations and assumptions, including without limitation, that the Company will continue
with its stated business objectives and its ability to raise additional capital to proceed.
Although management of the Company has attempted to identify important factors that
could cause actual results to differ materially fro m those contained in forward -looking
information, there may be other factors that cause results not to be as anticipated, estimated
or intended. There can be no assurance that such forward -looking information will prove to
be accurate, as actual results an d future events could differ materially from those
anticipated in such forward -looking information. Accordingly, readers should not place
undue reliance on forward-looking information. Readers are cautioned that reliance on such
information may not be appr opriate for other purposes. Additional information about risks
and uncertainties is contained in the Company’s management’s discussion and analysis for
the year ended December 31, 2024, and the Company’s annual information form for the year
ended December 31, 2024, copies of which are available on SEDAR+ at www.sedarplus.ca.
The forward-looking information contained herein is expressly qualified in its entirety by this
cautionary statement. Forward -looking information reflects management’s current beliefs
and is based on information currently available to the Company. The forw ard-looking
information is made as of the date of this news release and the Company assumes no
obligation to update or revise such information to reflect new events or circumstances,
except as may be required by applicable law.
For more information on the Company, investors should review the Company’s continuous
disclosure filings that are available on SEDAR+ at www.sedarplus.ca.